MISSISSAUGA, Ontario--(BUSINESS WIRE)--Therapure Biopharma Inc. is pleased to announce that it placed 89th in the 27th annual PROFIT 500 ranking of Canada’s Fastest-Growing Companies by Canadian Business and PROFIT. Published in the October issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 profiles the country’s most successful growth companies and ranks them by their five-year revenue growth. Therapure is especially pleased to announce that it ranked 18th on the list of Canada’s Fastest-Growing Manufacturing Companies in 2015.
“The PROFIT 500 represent the highest tier of entrepreneurialism in Canada,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “They should be lauded for the positive economic contributions they’ve made to their communities—and the entire country. They are examples of what can be accomplished with innovation, discipline and determination.”
“Therapure is honoured to be in the PROFIT 500 ranking for a second consecutive year, says Nick Green, Therapure’s President and CEO. “We are extremely fortunate to work in an industry that attracts dedicated and passionate people, and one where we are motivated by the positive impact we can have on people’s lives. Each Therapure employee brings an attention to detail and a personal commitment to quality to everything they do, and it is this dedication to seeing all projects through to a successful outcome that makes me most proud. In the end, it is this attitude that has enabled us to achieve our growth.”
Since 2010, Therapure has achieved a compound annual growth rate in revenues of approximately 57% through its Therapure Biomanufacturing division by focusing on the production of complex biological drugs for a broad range of Canadian and international customers.
Therapure Biomanufacturing’s capabilities and expertise include cell line development, upstream and downstream process development, cGMP manufacturing for preclinical, clinical and commercial drug supply and aseptic fill/finish of injectable drugs. These integrated services allow Therapure to compete successfully in the global biomanufacturing sector.
About Therapure Biopharma Inc.
Therapure Biopharma Inc. is a multiple award-winning biopharmaceutical company focused on complex biological therapeutics and technologies. It is composed of Therapure Biomanufacturing, the contract development and manufacturing division and Therapure Innovations, the proprietary therapeutics and platform technologies research and development division. In addition, Therapure Biopharma is proud of its advanced manufacturing PlasmaCap EBA™ technology. Therapure operates out of two facilities located in Mississauga: a 130,000 sq. ft. cGMP facility that includes biomanufacturing, research and quality control laboratories and is built to meet FDA (US), HPFB (Canada), EMA (Europe) and MHRA (UK) standards, and a new 43,000 sq. ft. facility housing 30,000 sq. ft. of cGMP warehouse.
About PROFIT and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 33 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a readership of more than 800,000, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. It provides concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.
Visit www.therapurebio.com for more information about Therapure Biopharma Inc. and its divisions.